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IRS update: digital communication and payroll

BMT Office Administration

The IRS must lean heavily into digital communication, Mamo said, including: Document upload tool. It’s more challenging with business and payroll returns, because of the power of attorney; the IRS is beginning a POA initiative, he added. Payroll is compliance-oriented; there’s very little wiggle room to be creative.

Payroll 52
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Steps to take ahead of possible DOL change in exempt salary qualifications

BMT Office Administration

The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. The current weekly salary is $684 a week or $35,568 a year. Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court.

Salary 52
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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

Payroll 52
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5 SOP examples for your business

BMT Office Administration

Implementing and documenting standard operating procedures (SOPs) is a great way to make sure that all staff members are completing their tasks in the correct manner. A standard operating procedure (SOP) is a detailed document with step-by-step instructions on how to properly complete a task. What is an SOP? How to format an SOP.

Payroll 72
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?

Payroll 52
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Top 18 Applicant Tracking Systems (ATS) Of 2021 | Which One To Choose?

Recruit CRM

Their standard fee is around 10% of the base salary in addition to VAT with a 100-day rebate offer. Main Features Candidate management and tracking Interview management and scheduling Proper management of payrolls Discovering and managing leads Pricing They have not provided us with any official information about how much their services cost.

2021 52
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Common HR Dilemmas and How to Solve Them

Small Business CEO

Task automation allows a single HR manager to keep track of even a sizable headcount, resolve issues on employee records in a timely manner and communicate changes made to the data to payroll and management immediately. A good new employee management tool allows HR people to track the processing of documentation for new hires.

Payroll 40